In less than a year, BBVA has issued one million Aqua cards in Spain. This groundbreaking system, which eliminates data from the plastic and uses dynamic CVV, is expanding rapidly in Latin American subsidiaries. Mexico, Peru and Colombia already have the first features.

The coronavirus crisis has made us more aware of how vulnerable we are to unforeseen events. As a result, in the new social context the insurance industry and insurtechs have been driven to strengthen their customer focus, digitisation, health insurance and microinsurance, with innovation at the fore.

Trading listed products is becoming more and more popular. In recent years, various apps and digital platforms have democratized this activity to make it available to practically any user. The sale of listed assets is no longer the realm of qualified brokers and investors, but for the general public.

The BBVA in Spain app is celebrating its 10th anniversary as a key element in the bank’s commitment to lead the digitalization of banking in the country. Since 2011, the app has adapted its functionalities to the times and needs of its customers, at first by allowing them to operate remotely with ease and total security, and over the years with the deployment of a wide range of personalized tools to help them make decisions about their personal finances.

BBVA, which first invested in the fintech in 2018, participated in a new capital increase, part of which was used to fund the acquisition of payments specialist Contis. The new funding round will allow Solarisbank, which recently launched operations in Spain, France and Italy to expedite growth in the embedded finance market.

Embedded finance allows you to pay for a purchase online without entering bank details or instantly take out a consumer loan on digital platforms outside banks, among many other options. This Bank-as-a-Service model, which allows the integration of financial services via APIs, moved $22.5 billion in 2020, a figure that will increase tenfold in the next four years.